European Union nations unanimously approve Russian sanctions
ABC News
The 27 European Union members nations have unanimously agreed on an initial set of sanctions targeting Russian officials over their actions in Ukraine
BRUSSELS -- Shocked by Russian President Vladimir Putin’s order to deploy troops to separatist regions of eastern Ukraine, world leaders moved quickly Tuesday to impose as forceful a response as possible in hopes of averting a full-blown war in Europe.
Germany made the first big move, taking steps to halt the process of certifying the Nord Stream 2 gas pipeline from Russia — a lucrative deal long sought by Moscow, but criticized by the U.S. for increasing Europe's reliance on Russian energy supplies.
The rest of the European Union soon followed, with a first set of sanctions taking aim at Duma legislators who voted in favor of recognizing separatist regions in Ukraine, as well as several Russian officials. They also sought to limit Moscow’s access to EU capital and financial markets.
“This package of sanctions … will hurt Russia and it will hurt a lot,” EU foreign policy chief Josep Borrell said after chairing a meeting of EU foreign ministers in Paris.